United States · Investor

Icon Ventures

Last cheque observed May 2026; 168 cheques on record.

Deploying nowNew fund, Jan 2021VC firm

SeedSeries ASeries BEnterprise Data ManagementCybersecurityDigital Health

Deploying now
100%of best year1cheques in 12 months, 168 on record
Since the last cheque178days00hrs00min00sec
Median round$34MRounds led2 of 168Sole investor1 roundsExits43 from the portfolioMostly inUnited States, 97%
Pitch Icon Ventures

Icon Ventures highlights

  1. 01

    1 cheques in the last 12 months

  2. 02

    Mostly Series C and Series B: 61% of its rounds

  3. 03

    Sole investor in 1 rounds, median $16M

  4. 04

    43 exits from the portfolio

What they do

We invest from Seed Stage through Series BFrom their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowthPre-IPO
Sectors
Enterprise Data ManagementCybersecurityDigital Health
Based in
Palo Alto, United States
Cold pitches
Not accepted

The record

Every round we can evidence, newest first168 appearances

  1. 2026

    1 round

  2. May
    QutwoSeed · FI · PostScriptum$29MWith 15 others
  3. 2024

    1 round

  4. Apr
    Midi HealthSeries B · US · Icon Ventures$60MWith 17 others
  5. 2019

    4 rounds

  6. Aug
    Nomad HealthDebt · US · FinSMEs$34MLed
  7. Jul
    TrustArcSeries D · US · FinSMEs$70MWith 5 others
  8. Jun
    ButtonSeries C · US · FinSMEs$30MLed
  9. Feb
    Ionic SecuritySeries E · US · FinSMEs$40MWith 6 others
  10. 2016

    3 rounds

  11. Dec
    ThanxSeries B · US · FinSMEs$17MWith 4 others
  12. Jun
    The MuseSeries B · US · Forbes$16MSole investor
  13. Jan
    Ionic Security$45MWith 19 others
  14. 2015

    9 rounds

  15. Oct
    Area 1 SecuritySeries B · US$15MWith 6 others
  16. Sept
    ExabeamSeries B · US$25MWith 3 others
  17. Aug
    Zephyr HealthSeries C · US$17MWith 4 others
  18. Aug
    DuettoSeries C · US$30MWith 6 others
  19. Jul
    DelphixSeries D · US$75MWith 5 others
  20. Apr
    RedSeal, Inc.Series C · US$17MWith 8 others
  21. Feb
    SynackSeries B · US$25MWith 4 others
  22. Jan
    TuneSeries B · US$27MWith 2 others
  23. Jan
    Ionic SecuritySeries C · US$40MWith 4 others
  24. 2014

    17 rounds

  25. Dec
    HuddleSeries D · US$51MWith 5 others
  26. Oct
    PLAYSTUDIOSSeries C · US · Firms' own news pages$20MWith 2 others
  27. Oct
    AppboySeries B · US$15MWith 5 others
  28. Sept
    TeladocSeries C · US$50MWith 9 others
  29. Sept
    BacktraceSeed · US$1.1MWith 7 others
  30. Aug
    KaptaSeed · US$675KWith 5 others
  31. Jul
    Elevate ResearchSeed · US$500KWith 4 others
  32. Jun
    Sport NginSeries D · US$25MWith 3 others
  33. Jun
    CloudPhysicsSeries C · US$15MWith 6 others
  34. Jun
    Cloud ElementsSeries A · US$3.1MWith 3 others
  35. May
    true[x]Series D · US$6.0MWith 4 others
  36. Mar
    Coupa SoftwareSeries F · US$40MWith 7 others
  37. Feb
    Ionic SecuritySeries B · US$26MWith 12 others
  38. Jan
    Origami LogicSeries B · US$15MWith 3 others
  39. Jan
    GutCheckSeries C · US$4.0MWith 5 others
  40. Jan
    Tonomi, Inc.Venture · US$1.8MWith 2 others
  41. Jan
    Zephyr HealthSeries B · US$15MWith 3 others
  42. 2013

    12 rounds

  43. Dec
    Swarm MobileSeries A · US · finsmes.com$3.5MWith 3 others
  44. Nov
    Bill.comSeries E · US · techcrunch.com$38MWith 13 others
  45. Nov
    AppboySeries A · US · techcrunch.com$7.6MWith 10 others
  46. Nov
    SiTimeSeries F · US · finance.yahoo.comUndisclosedWith 11 others
  47. Oct
    9LensesSeries A · US · finsmes.com$1.1MWith 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration5 named

JGJeb Gleva MillerManager of Icon Management Associates VII, LLCiFiling they signed
JHJoseph H HorowitzManager of Icon Management Associates VII, LLCiFiling they signed
MMMichael M. MullanyManager of Icon Management Associates VII, LLCiFiling they signed
PMPreeti M. RathiManager of Icon Management Associates VII, LLCiFiling they signed
TMThomas M. MawhinneyManager of Icon Management Associates VII, LLCiFiling they signed

We also hold 19 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$826Mgross assets of its funds, 4 advisers combinedOct 2026
Exemptreporting adviserventure or small private funds
Legal name
ICON Management Associates VII, LLC
SEC number
CRD 313640

What they claim to have backed

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Exits from the portfolio

Companies it backed that were later bought or listed43 in all

MarketLiveBought by Vista Equity PartnersUndisclosedNov 2015
Calypto Design SystemsBought by Mentor GraphicsUndisclosedSept 2015
Tonomi, Inc.Bought by Grid DynamicsUndisclosedAug 2015
Voltage SecurityBought by HpUndisclosedMay 2015
Voltage SecurityBought by Hewlett-PackardUndisclosedFeb 2015
true[x]Bought by 21st Century Fox$200MDec 2014
Swarm MobileBought by GrouponUndisclosedNov 2014
SiTimeBought by MegaChips Corporation$200MOct 2014
Cortina SystemsBought by INPHI$131MOct 2014
Plastic JungleBought by CardCash.comUndisclosedJul 2014
Scintera NetworksBought by Maxim Integrated ProductsUndisclosedJan 2014
HaraBought by VerisaeUndisclosedOct 2013
41st ParameterBought by Experian$324MOct 2013
FireEyeListed$304MSept 2013
MoPubBought by Twitter$350MSept 2013
Group CommerceBought by Nimble CommerceUndisclosedMay 2013
OodleBought by QVCUndisclosedDec 2012
AttributorBought by DigimarcUndisclosedDec 2012
Palo Alto NetworksListedUndisclosedJul 2012
MeeboBought by Google$100MJun 2012

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Icon Ventures. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Icon Ventures put money into.

Quick answers about Icon Ventures

What does Icon Ventures invest in?

Icon Ventures invests most often at Series C and Series B (61% of the rounds on record), in sectors such as Enterprise Data Management, Cybersecurity and Digital Health.

How active is Icon Ventures?

168 investments on record, 1 of them in the last 12 months, and it led 2. The most recent was in May 2026.

What has Icon Ventures invested in recently?

Its most recent investments on record: Qutwo (Seed, May 2026), Midi Health (Series B, Apr 2024) and Nomad Health (Debt, Aug 2019).

How big are Icon Ventures's cheques?

The median round it joins is $34M.

Does Icon Ventures lead rounds?

Sometimes: it led 2 of its 168 investments on record (1%).

Where does Icon Ventures invest?

Most of the companies it backs are in the United States (97%).

Is Icon Ventures investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

Who does Icon Ventures invest alongside?

Most often Jafco Ventures (89 rounds together), Kleiner Perkins Caufield & Byers (22 rounds together) and Sequoia Capital (20 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it